Assistant Controller

Collège Boréal; West Nipissing; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A cooperative in Ontario is looking for an Assistant Controller to ensure accurate financial reporting and compliance. The role requires strong accounting skills, financial analysis experience, and a proactive approach to managing financial processes while working collaboratively with the finance team. Competitive salary and comprehensive benefits are offered, along with opportunities for professional development and participation in a community-focused workplace.

Benefits

Comprehensive benefits package

Opportunities for professional development

Competitive salary

Qualifications

• Minimum 3-5 years of accounting or finance experience.
• Experience in cooperative, agriculture, retail, or energy industries preferred.
• Strong knowledge of financial analysis and cost accounting.

Responsibilities

• Assist in preparing accurate and timely financial statements.
• Oversee day-to-day accounting activities.
• Ensure compliance with regulations and assist in audits.

Skills

Strong knowledge of GAAP

Proficiency in accounting software

Analytical mindset

Excellent organizational skills

Strong communication skills

Education

Bachelor's degree in accounting, Finance, or Business Administration

CPA designation or progress toward certification

Tools

QuickBooks

SAP

Microsoft Office Suite

Job description

Job Title: Assistant Controller

Location: Verner, ON

Employment Type: Full-Time, Permanent

General Accountability

Reporting to the Controller, the Assistant Controller will support the financial operations of Co-opérative Régionale de Nipissing-Sudbury Limited by ensuring accurate financial reporting, compliance with accounting standards, and effective management of financial processes. This role is critical to maintaining the cooperative’s financial integrity and supporting decision-making to enhance operational efficiency and member value.

Key Responsibilities

Financial Reporting: Assist in preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with Generally Accepted Accounting Principles (GAAP).
Budgeting and Forecasting: Support the development of annual budgets and forecasts, collaborating with department heads to align financial plans with cooperative goals.
Cost Analysis: Analyze costs related to petroleum, agriculture, and retail operations, providing reports on factors affecting pricing, profitability, and operational efficiencies.
Accounting Operations: Oversee day-to-day accounting activities, including accounts payable, accounts receivable, general ledger maintenance, and payroll processing.
Compliance and Audits: Ensure compliance with federal and provincial regulations, tax requirements, and cooperative bylaws. Assist in preparing for and coordinating external audits.
Patronage Dividend Support: Assist in calculating and distributing patronage dividends to members, ensuring accuracy and transparency in profit-sharing processes.
Process Improvement: Identify opportunities to streamline financial processes, improve yields, and reduce costs, providing recommendations to management.
Data Analysis: Prepare regular reports comparing standard costs to actual costs, analyzing variances, and supporting strategic decision-making for the cooperative’s diverse operations.
Team Collaboration: Work closely with the Controller and other finance team members to maintain accurate financial records and support the cooperative’s mission.
Qualifications

Education: Bachelor’s degree in accounting, Finance, Business Administration, or a related field. A CPA designation or progress toward CPA certification is preferred.
Experience: Minimum of 3-5 years of accounting or finance experience, preferably in a cooperative, agriculture, retail, or energy-related industry. Experience with cost accounting and financial analysis is an asset.
Skills:
o Strong knowledge of GAAP and financial reporting standards.

o Proficiency in accounting software (e.g., QuickBooks, SAP, or similar) and Microsoft Office Suite, particularly Excel.

o Analytical mindset with the ability to interpret financial data and provide actionable insights.

o Excellent organizational and time-management skills, with the ability to handle month-end processes and tight deadlines.

o Strong communication skills to collaborate with cross-functional teams and present financial information clearly.

Attributes: Detail-oriented, proactive, and committed to the cooperative’s values of integrity, member service, and community focus.
Work Environment

The role is based at the cooperative’s head office in Verner, ON, with potential for occasional travel to other locations (e.g., Chelmsford, Thornloe).
Hybrid work arrangements may be available, depending on organizational needs.
The work environment is collaborative, with a focus on teamwork and supporting the cooperative’s mission to serve its members and community.
Benefits

Competitive salary based on experience.
Comprehensive benefits package, including health, dental, and retirement plans.
Opportunities for professional development and career growth.
Participation in a cooperative culture with a focus on community and member engagement.